Tralies Named Chairman, Michel Assumes Role of President and COO at Club Car

For Immediate Release:
December 5, 2007
Contact:
Bill Bryant
Bryant Marketing Communications
(678) 366-3232

AUGUSTA, GA (Dec. 5, 2007) – Phil Tralies, president and CEO of Club Car for the past six years, has been named chairman and CEO. Gary Michel, a longtime executive within parent company Ingersoll Rand, will assume the newly created position of president and chief operating officer.

The organizational changes position Tralies to focus on strategic business opportunities in emerging domestic and international markets and to strengthen key customer and industry relationships, according to Jim Bolch, president of Ingersoll Rand’s Industrial Technologies sector. Michel will be responsible for overseeing Club Car’s day-to-day business operations, and in concert with Tralies, developing long-term strategy, Bolch added.

“Club Car has enjoyed consistent growth and profitability under Phil’s leadership. He has also emerged as one of golf’s leading advocates for the growth of the game. His ability to recognize new opportunities while building on Club Car’s respected position within the golf industry is a tremendous asset to our business going forward,” Bolch said.

Tralies was named president and CEO of Club Car in May 2001 after spending 25 years with Textron, a multi-industry company. While at Club Car, Tralies has overseen continued growth in golf (led by the introduction of the Precedent golf car) while leading the company into new markets including commercial and consumer, where innovative vehicles such as the all-wheel-drive XRT have captured significant market share. Tralies also has led Club Car’s emergence as a global brand with a strong presence in a number of international markets.

Michel, who has 22 years of experience with Ingersoll Rand, joins Club Car after serving as president of the corporation’s Road Development and Utility Equipment businesses. He was also vice president and general manager of Ingersoll Rand’s Portable Power business.

“Gary has a proven track record leading businesses and people,” Tralies said. “His experience is a great fit for Club Car and helps ensure ongoing growth and success.”

Michel earned a bachelor’s degree in mechanical engineering from Virginia Tech and an MBA from the University of Phoenix.

To learn more, please contact us or visit: www.clubcar.com.

About Club Car:
Club Car manufactures a wide range of electric- and gasoline-powered vehicles for the golf, utility, transportation, private owner and rough terrain markets. Based in Augusta, Ga., Club Car is part of Ingersoll Rand, a global diversified firm providing products, services and solutions to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables, secure homes and commercial properties, and increase industrial productivity and efficiency. Driven by a 100-year-old tradition of technological innovation, we enable our customers to create progress and a positive impact in their world. For more information, visit www.ingersollrand.com.